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2843 Fernwood Street

2843 Fernwood Street, San Mateo, CA 94403
Property in Sugarloaf
Sold Dec 18, 2006
$1,166,000
$502,714 by Better Mortgage Corporation
Mortgage Due Aug 01, 2050
Sold Dec 13, 2005
$1,135,000
$851,250 by Washington Mutual Bank Fa
Mortgage Due Jan 01, 2036
Local assessors in San Mateo, CA have categorized 2843 Fernwood Street as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 5,555 square feet. The linear feet between the front and back of the lot was measured at 1,010 ft and the front of the lot was measured at 550 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2843 Fernwood Street has a total of 2,301 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 422 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Dec 12, 2006 for $1,166,000. That's $506.74 per sqft. Prior to that sales transaction, the property was also sold in Dec 2, 2005 for $1,135,000. 2843 Fernwood Street was last assessed in 2022. The total value of the property was assessed at $1,583,539. Specifically, the land the property is located on was valued at $736,041. While improvements on the property were assessed at a total of $847,498. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $20,321. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 422
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,555
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,301
  • Gross Building Area: 2,301
  • Building Area: 2,301
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,301
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRACE GARDENS
  • Land Acres: 0.128
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BLOCK 2 TERRACE GARDENS RSM 23/71 CITY OF SAN MATEO

Ownership

  • Current Owner : ABRAMS HOWARD ALLAN
  • Current Owner 2: ABRAMS ADRIENNE ETHEL
  • Previous Owner : MOORE VICKI L
  • Owner Before Previous Owner: DEPOY DOUGLAS
  • Owner Before Previous Owner 2: DEPOY YOUNG SOOK
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Mateo-Foster City Elementary School District
  • Census Tract: 607300

Zoning

  • Zoning: R106

Geography

  • Assessors Map Reference: 32-D2
  • Parcel: 039-284-280
  • Block: 2
  • Lot: 3
  • Latitude: 37.5359
  • Longitude: -122.314

    Address

  • Full Address: 2843 Fernwood St
  • Address - House Number: 2843
  • Address - Street Name: Fernwood
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Mateo
  • Carrier Code: C004
  • 4-Digit Zip Code: 3260
  • Zip Code: 94403

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,321
  • Tax Rate Code Area: 12-001

    Appraisal Valuation

  • Standard Deviation: 0.2138
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 2,269,932
  • High Value: 2,755,427
  • Low Value: 1,784,438

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $652,714
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 21, 2020
  • First Open Lien Mortgage Loan Amount: $502,714
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Aug 23, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,583,539
  • Assessed Land Value: $736,041
  • Assessed Improvements Value: $847,498

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2006
  • Current Sale Recording Date: Dec 18, 2006
  • Current Sale Transaction ID: 1052530481
  • Current Sale Price: $1,166,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2006190886
  • Previous Sale Recording Date: Dec 13, 2005
  • Previous Sale Contract Date: Dec 02, 2005
  • Previous Sale Amount: $1,135,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Dec 18, 2006
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2037
  • Second Mortgage Lender: WELLS FARGO BANK NA
  • Second Mortgage Transaction Date: Dec 18, 2006
  • Second Mortgage Loan Amount: $100,000
  • Second Mortgage Terms: 479
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: Dec 04, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Dec 13, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $851,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Sugarloaf



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Frequently Asked Questions

What neighborhood is 2843 Fernwood Street located in?
The 2843 Fernwood Street is a located in the neighborhood of Sugarloaf in Sugarloaf, San Mateo.
What is the average sales price for listings in 2843 Fernwood Street?
The average sales price for units in 2843 Fernwood Street is $0 currently.

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